Patrick Dennis discusses a loan program you might not be aware of and how it could benefit you.
Great News!
The Federal Housing Agency (FHA) has just increased the amount of money that can be borrowed through its mortgage programs by more than $64k in most areas. In high cost locations, the increase is even greater. New limits will take effect in 2022.
Topics: prequalification first-time home buyer On Time Closing Mortgage Loans Loan limits
Great News!
The Federal Housing Finance Agency (FHFA) has announced new loan limits for 2022! The maximum conforming loan limit for one-unit properties in most parts of the U.S. is increasing to $647,200, up from $548,250 in 2021.
Topics: prequalification first-time home buyer On Time Closing Mortgage Loans Loan limits
Topics: mortgage prequalification first-time home buyer home ownership On Time Closing
Great News!
The Federal Housing Finance Agency (FHFA) has announced new loan limits for 2020! The maximum conforming loan limit for one-unit properties in most parts of the U.S. is increasing to $510,400, up from $484,350 in 2019.
Topics: prequalification first-time home buyer On Time Closing Mortgage Loans Loan limits